This paper reviews fundamental challenges to the raison d'etre of publ
icly funded and publicly operated schooling institutions during the mi
d and late nineties. In particular, it reviews four competing ideas of
''the essential problem''-four problematics, that is, of universal pu
blic education. The paper then surveys fundamental challenges to publi
c education posed by the recent evolution of the Canadian and American
labor markets, an evolution that undermines many of the human-capital
justifications far universal education as currently understood. Final
ly the paper explores what is left in evolving postmodern reality of j
ustification for universal education and how the educational community
should be responding to a radically changed context both for educatio
n and for work.